pvMonthlyCompSingleCF: Computing Present Value of a Single Cash Flow under Monthly Compounding Frequency.
Description
Computing Present Value of a Single Cash Flow under Monthly Compounding Frequency.
Usage
pvMonthlyCompSingleCF(r, n, fv)
Arguments
r
A number.
n
A number.
fv
A number.
Value
Input values to three arguments r , n and fv.
Details
The method pvMonthlyCompSingleCF() is developed to compute Present Value of a Single Cash Flow under Monthly Compounding Frequency.The method gives Present Value when values are passed to its three arguments. Here r is annual rate, n is number of years and fv is Future Value.